Cleveland-Cliffs Inc logo

CLF - Cleveland-Cliffs Inc Share Price

$8.67 0.4  4.8%

Last Trade - 23/10/20

Sector
Basic Materials
Size
Large Cap
Market Cap £2.65bn
Enterprise Value £6.26bn
Revenue £1.95bn
Position in Universe 1443rd / 6447
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +38.9%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -4.09%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
3,373 2,013 1,555 1,866 2,332 1,990 4,900 7,683 -10.0%
+90.6 +113.3 -67.3
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the six months ended 30 June 2020, Cleveland-Cliffs Inc revenues increased 61% to $1.45B. Net loss before extraordinary items totaled $176.3M vs. income of $139.3M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net loss reflects Interest Expense - Net - Balancing value increase from $61.1M to $123M (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Net Profit
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EPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
CLF EPS Forecasts Unlock CLF Revenue
Profile Summary

Cleveland-Cliffs Inc, formerly Cliffs Natural Resources Inc., is a mining and natural resources company. The Company is a supplier of iron ore pellets to the North American steel industry from its mines and pellet plants located in Michigan and Minnesota. The Company operates through its U.S. Iron Ore. The Company is a producer of iron ore pellets, primarily selling production from U.S. Iron Ore to integrated steel companies in the United States, Canada and Mexico. In the United States, the Company owned four operational iron ore mines and one indefinitely idled mine.

Directors
Last Annual December 31st, 2019
Last Interim June 30th, 2020
Incorporated February 22, 1985
Public Since July 27, 1960
No. of Shareholders: 1,095
No. of Employees: 2,372
Sector Basic Materials
Industry Metals & Mining
Index S&P 600 Small Cap , S&P Composite 1500 ,
Exchange New York Stock Exchange
Shares in Issue 399,198,070
Free Float (0.0%)
Eligible for
ISAs
SIPPs
CLF Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for CLF
Upcoming Events for CLF
Thursday 18th February, 2021 Estimate
Q4 2020 Cleveland-Cliffs Inc Earnings Release
Frequently Asked Questions for Cleveland-Cliffs Inc
What is the Cleveland-Cliffs Inc share price?

As of 23/10/20, shares in Cleveland-Cliffs Inc are trading at $8.67, giving the company a market capitalisation of £2.65bn. This share price information is delayed by 15 minutes.

How has the Cleveland-Cliffs Inc share price performed this year?

Shares in Cleveland-Cliffs Inc are currently trading at $8.67 and the price has moved by 21.26% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Cleveland-Cliffs Inc price has moved by 6.13% over the past year.

What are the analyst and broker recommendations for Cleveland-Cliffs Inc?

Of the analysts with advisory recommendations for Cleveland-Cliffs Inc, there are there are currently 0 "buy" , 6 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Cleveland-Cliffs Inc is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Cleveland-Cliffs Inc next release its financial results?

Cleveland-Cliffs Inc is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the Cleveland-Cliffs Inc dividend yield?

The Cleveland-Cliffs Inc dividend yield is 2.08% based on the trailing twelve month period.

Does Cleveland-Cliffs Inc pay a dividend?

Last year, Cleveland-Cliffs Inc paid a total dividend of 0.18, and it currently has a trailing dividend yield of 2.08%. Looking ahead, Cleveland-Cliffs Inc has not announced an ex-dividend date yet.

When does Cleveland-Cliffs Inc next pay dividends?

Cleveland-Cliffs Inc has yet to annouce their ex-dividend date. The historic dividend yield on Cleveland-Cliffs Inc shares is currently 2.08%.

How do I buy Cleveland-Cliffs Inc shares?

To buy shares in Cleveland-Cliffs Inc you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Cleveland-Cliffs Inc?

Shares in Cleveland-Cliffs Inc are currently trading at $8.67, giving the company a market capitalisation of £2.65bn.

Where are Cleveland-Cliffs Inc shares listed? Where are Cleveland-Cliffs Inc shares listed?

Here are the trading details for Cleveland-Cliffs Inc:

Country of listing: United States
Exchange: NYQ
Ticker Symbol: CLF
What kind of share is Cleveland-Cliffs Inc?

Based on an overall assessment of its quality, value and momentum, Cleveland-Cliffs Inc is currently classified as a Momentum Trap. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Cleveland-Cliffs Inc share price forecast 2020?

Shares in Cleveland-Cliffs Inc are currently priced at $8.67. At that level they are trading at 21.68% premium to the analyst consensus target price of 0.00.

Analysts covering Cleveland-Cliffs Inc currently have a consensus Earnings Per Share (EPS) forecast of -0.242 for the next financial year.

How can I tell whether the Cleveland-Cliffs Inc share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Cleveland-Cliffs Inc. Over the past six months, the relative strength of its shares against the market has been 89.67%. At the current price of $8.67, shares in Cleveland-Cliffs Inc are trading at 49.03% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Cleveland-Cliffs Inc PE Ratio?

The Cleveland-Cliffs Inc PE ratio based on its reported earnings over the past 12 months is 95.65. The shares are currently trading at $8.67.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Cleveland-Cliffs Inc?

Cleveland-Cliffs Inc's management team is headed by:

Clifford Smith - COO
Lourenco Goncalves - CHM
John Baldwin - IND
Douglas Taylor - LED
Terry Fedor - EVP
James Graham - EVP
Maurice Harapiak - EVP
R. Christopher Cebula - SVP
Keith Koci - CFO
Celso Goncalves - VPR
Traci Forrester - EVP
William Gerber - DRC
Ralph Michael - DRC
Arlene Yocum - DRC
Who are the major shareholders of Cleveland-Cliffs Inc?

Here are the top five shareholders of Cleveland-Cliffs Inc based on the size of their shareholding:

BlackRock Institutional Trust Company, N.A. Investment Advisor
Percentage owned: 13.88% (55.4m shares)
The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 10.57% (42.2m shares)
iShares Core S&P Small-Cap ETF Mutual Fund
Percentage owned: 6.21% (24.8m shares)
State Street Global Advisors (US) Investment Advisor/Hedge Fund
Percentage owned: 3.86% (15.4m shares)
Fidelity Management & Research Company LLC Investment Advisor
Percentage owned: 3.72% (14.8m shares)
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